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JMtY OFN, , <br /> Harry Kim )'1;: ��S* • Deanna S. Sako <br /> Mayor �� Director <br /> OF <br /> County of Hawaii <br /> Finance Department <br /> 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 <br /> (808)961-8234 • Fax(808)961-8569 <br /> February 22, 2019 COUNTY CLERK <br /> COUNTY OF HAWAI'I <br /> RECEIVED <br /> Aaron Chung, Council Chair and Time I l:I 1 AM By 144 <br /> Members of the Hawaii County Council 2jlp FEB 22 <br /> Hawaii County Council Date <br /> 25 Aupuni Street <br /> Hilo, Hawai`i 96720 <br /> Re: Operating Budget <br /> Recovery from the 2018 Lava Flow continues to cost the County millions of dollars since lava <br /> began to flow in Lower Puna in May. House Bill No. 1180, House Draft 1 proposes the transfer of <br /> $60,000,000 to the County of Hawaii to provide relief, recovery, mitigation, and remediation <br /> assistance for disaster damage, losses, and suffering caused by the volcanic eruption. $20,000,000 <br /> of these funds are as a subsidy to the County and $40,000,000 are in the form of a loan. <br /> Enclosed is a resolution to enter into an agreement to accept the subsidy portion of these funds. <br /> Also enclosed is a bill for an ordinance amending the Operating Budget by appropriating this <br /> $20,000,000 subsidy. Weare requesting that this resolution and bill be waived from the Finance <br /> Committee to be placed on the March 13, 2019 Council agenda in order to ensure that these <br /> monies are available to be spent as quickly as possible. If there are any questions,please do not <br /> hesitate to call Kay Oshiro, Controller, at 961-8425. <br /> ��-�---1° <br /> (1-- <br /> Deanna <br /> LSDeanna S. Sako <br /> Director of Finance <br /> Enc. <br /> c: Office of the Mayor <br /> KSes. 9o-140331134) <br /> Comm. No. . I!i <br /> Hawai'i County is an Equal Opportunity Provider and Employer Ref. To: Qit I C W <br /> Ref. Date FEB 2 7 2019 <br />